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A refund policy is the set of guidelines that you adhere to in order to inform your customers on how to receive their money back the refund of the item they purchased within your store. An average policy for small firms could comprise information such as timings of refunds, how in which they will be handled, as well as the procedure customers must comply with or offer for their money.

The importance of refund policies is that they assist customers in making purchase choices. They also aid in building confidence in and trustworthiness for the company. Find out more about the importance of a return and refund policy and view the example of a refund policy template.

Please note that these list of examples of policies for refunds is only the first step. It's not designed to act as a return or refund policy template or as legal advice.

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